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China Trucks
1. 2010 Trends in the Chinese Heavy Truck
Market
The United States Heavy Truck Manufacturing Industry has been very fortunate
because it has been able to sell heavy equipment and heavy trucks to China, which
they have used to help build their great infrastructure. They have built over 25,000
miles of highways, floating airports, 10,000 miles worth of rail, the largest dam in
the world, and they have some of the most modern cities with the most modern
skyscrapers in the world.
There is a lot of construction going on in China, and the modern equipment they
have purchased from United States companies, has provided a lot of jobs in many
parts of our nation. Everyone is a winner!
However, the Chinese are very smart industrial capitalists, and whereas, that might
sound funny because China is a communist nation, they often teach us a thing or two
about free-market capitalism, and how it should really work. Due to the over
regulation, the labor unions, and the excessive lawsuits that companies have to deal
with in the United States, it's going to be hard to compete with China as they start
building their own heavy trucks and equipment.
2. According to Industry Week for instance; "China's Anhui Jianghuai Automobile Co
said Sept. 29 it plans to set up a two billion yuan (US$292.8 million) joint venture
with the truck unit of Caterpillar Inc. Jianghuai Automotive will also develop new
products with NC2 Global LLC, a tie-up between Caterpillar and truck maker
Navistar International Corp, the Chinese firm said," and meanwhile "China's biggest
auto maker SAIC Motor and Iveco, Italian auto giant Fiat's truck and engine
manufacturing unit, said they planned to expand their joint venture's product line."
This is indeed, one more industry and sector that the Chinese are going to take by
storm. There is no way American companies can compete at the same price point, or
produce trucks on that scale with any similar price structure. Therefore, you can
expect the heavy truck manufacturing market to go to China. This will be starting in
2010, and by 2018, they will have cornered the market, and the US and European
companies will succumb to competitive market forces. Please consider all this.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs
the Online Think Tank. Lance Winslow believes if you have diabetes and want to
drive a truck, there are things you need to know; diabetic
Note: All of Lance Winslow's articles are written by him, not by Automated
Software, any Computer Program, or Artificially Intelligent Software. None of his
articles are outsourced, PLR Content or written by ghost writers. Lance Winslow
believes those who use these strategies lack integrity and mislead the reader.
Indeed, those who use such cheating tools, crutches, and tricks of the trade may
even be breaking the law by misleading the consumer and misrepresenting
themselves in online marketing, which he finds completely unacceptable.